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Commerce Past Questions and Answers

Waec Commerce Questions

Question 1:

An insurance broker is involved in?

SchoolNGR Classroom

A Manufacturing occupation
B Distributive occupation
C Commercial occupation
D Extractive occupation
E Constructive occupation

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Question 2:

An insurance broker is involved in?

SchoolNGR Classroom

A Manufacturing occupation
B Distributive occupation
C Commercial occupation
D Extractive occupation
E Constructive occupation

View Answer & Explanation

Question 3:

The process of buying and selling and distribution of goods and services is known as?

SchoolNGR Classroom

A Retail trade
B Commerce
C Marketing concept
D Marketing mix
E Wholesale trade

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Question 4:

The practice of employing specialists in relevant occupation is a feature of?

SchoolNGR Classroom

A Subsistence economy
B Mobility of labour
C Mixed economy
D Exchange economy
E Division of labour

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Question 5:

Which of the following convert raw materials into finished goods?

SchoolNGR Classroom

A Extractive industry
B Manufacturing
C Commercial occupation
D Constructive industry
E Tertiary industry

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